tencent

 

Google announces patent agreement with Tencent amid China push

Jan 19 2018

Google has agreed to a patent licensing deal with Tencent Holdings as it looks for ways to expand in China where many of its products are blocked by regulators.

WhatsApp inches closer to revenue plan with accounts for business

Jan 18 2018

WhatsApp said that it would begin allowing business accounts, a step that brings the free service closer to a plan that would make money for its corporate parent.

Toymaker Lego teams up with Chinese internet giant Tencent

Jan 15 2018

Toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd to jointly develop online games and potentially a social network aimed at Chinese children.

WeChat plans to resurrect tipping button after agreement

Jan 15 2018

WeChat plans to resurrect its “tipping” feature used to send cash to content creators, after removing it from Apple devices last year over an app-store rules dispute.

China will pull private capital into state-owned enterprises

Dec 28 2017

The private companies concerned will take comfort that cooperation could reduce political risk. But for the broader reform agenda, half-measures will likely be worse.

UBS eyes global roll out of online wealth management service

Dec 21 2017

UBS is considering rolling out its online investment platform worldwide after a successful trial in Britain, the head of wealth management at the Swiss bank said.

China's Tencent, JD.com invest $863 mn in online retailer Vipshop

Dec 18 2017

Chinese internet giant Tencent Holdings Ltd said it would lead an $863 million investment in apparel platform Vipshop, upping its rivalry in retail with Alibaba Group.

Apple's Cook says he sees China's Tencent as a great partner

Dec 06 2017

Cook said he sees Tencent Holdings, China’s biggest social network and gaming company, as a great partner and thinks very highly of its founder Pony Ma.

Alibaba's jumbo bond deal sets sector benchmark in Asia

Nov 30 2017

Orders for the bonds totaled about $40 billion, bankers said.

Ola eyes profits by FY19; SoftBank reaffirms commitment

Nov 22 2017

Cab hailing app Ola is projected to become profitable during 2018-19 and report a net operating profit of over Rs 1,170 crore.

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Stocks In News

 

ADANI TRANSMISSION Q3

Net Sales at Rs 1540 Cr Vs Rs 508 Cr, up 3x

Total Income at Rs 1,808 Cr vs Rs 734 Cr, 2.5x

EBITDA at Rs 1462 Cr Vs Rs 475 Cr, up 3x

EBITDA margins at Rs 95% vs 93.5%

PAT Rs 842 Cr vs Rs 99.3 Cr, up 8x

All results are Consol & comparable YoY

DCB BANK Q3 REVIEW

PAT at Rs 57 Cr vs 51 Cr up 11.8%

NII at Rs 250 Cr vs 209 Cr up 19.6%

Non-Interest Income at Rs 75 Cr vs 64 Cr, up 17.2%

Operating Profit at Rs 123 Cr vs 109 Cr, up 12.8%

Net Interest Margin at 4.12% vs 3.95% YoY

All results are comparable YoY

TATA SPONGE Q3 REVIEW

Net Sales up 36% at Rs 214.5 Cr Vs Rs 157.6 Cr

EBITDA up 3.1x at Rs 59.8 Cr Vs Rs 19.4 Cr

EBITDA Margin at 27.9% V 12.3%

Net Profit up 3.3x at Rs 36 Cr Vs Rs 11 Cr

Other Income up 36% at Rs 11.7 Cr Vs Rs 8.6 Cr

All figures are standalone and comparable YoY

THIRUMALAI CHEMICALS Q3 REVIEW

Net Sales up 6.9% at Rs 254.8 Cr Vs Rs 238.4 Cr

EBITDA up 80% at Rs 70.1 Cr Vs Rs 39 Cr

EBITDA Margin at 27.5% vs 16.4%

Net Profit up 2.3x at Rs 43.2 cr vs Rs 18.8 cr

All figures are comparable YoY

SREI INFRA Q3 REVIEW

AUM at Rs 44971 Cr Vs Rs 37505 Cr, Up 20%

Disbursements at Rs 5731 Cr Vs Rs 4812 Cr, Up 19%

Total Income at Rs 1411 Cr Vs Rs 1134 Cr, Up 24%

Calc NII at Rs 645 Cr Vs Rs 419 Cr, Up 54%

PAT at Rs 105 Cr Vs Rs 67 Cr, Up 56%

All results are comparable YoY

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